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AMBT > SEC Filings for AMBT > Form 8-K on 19-Jun-2013All Recent SEC Filings

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Form 8-K for AMBIENT CORP /NY


19-Jun-2013

Change in Directors or Principal Officers, Financial Statements and Exhibits


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

As previously reported, on May 8, 2013 Stacey Fitzgerald was appointed as the Chief Financial Officer of Ambient Corporation (the "Company"). In connection with her appointment as the Company's Chief Financial Officer, effective June 13, 2013, the Company and Ms. Fitzgerald entered into an Employment Agreement, pursuant to which Ms. Fitzgerald will receive an annual salary of $200,000. The agreement also contains certain provisions for early termination, which may result in a severance payment equal to six months of base salary then in effect.



ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits

None


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